observations and a view, page-2

hi all-- i really believe management is on the right track here--electicity seems very easy to sell and get into the grid,can also start small and build up,which is what we are doing.Other uses (fertiliser and explosives)are extemely expensive to start--IPL's new plant at Moranbah from memory is $980,000,000.This market is very well contolled in aus by IPL and orica and therefore would be difficult to get a share of.However i am sure these guys would be interested some cheap (oops competitively priced)gas. By the way i sold my IPL stocks yesterday and put them on the cat. bruce